In the industry, ambiguity presents both challenges and opportunities:
1. Product Development: Companies can leverage the broad definitions to create novel products. However, they may face difficulties in marketing and regulatory approval due to unclear guidelines. 2. Standardization: Lack of standardization can lead to compatibility issues and consumer mistrust. Establishing clear standards is essential for industry growth and consumer confidence. 3. Intellectual Property: Ambiguity in definitions can complicate patent applications and intellectual property rights, leading to legal disputes.
